Havells India consolidated net profit declines 10.69% in the March 2020 quarter

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Sales decline 19.51% to Rs 2217.44 crore

Net profit of Havells India declined 10.69% to Rs 177.73 crore in the quarter ended March 2020 as against Rs 199.01 crore during the previous quarter ended March 2019. Sales declined 19.51% to Rs 2217.44 crore in the quarter ended March 2020 as against Rs 2754.77 crore during the previous quarter ended March 2019.

For the full year,net profit declined 6.64% to Rs 735.35 crore in the year ended March 2020 as against Rs 787.61 crore during the previous year ended March 2019. Sales declined 6.29% to Rs 9440.26 crore in the year ended March 2020 as against Rs 10073.43 crore during the previous year ended March 2019. ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales2217.442754.77 -20 9440.2610073.43 -6 OPM %11.0211.42 -10.8911.75 - PBDT260.63338.36 -23 1122.081296.39 -13 PBT198.12299.16 -34 904.111147.01 -21 NP177.73199.01 -11 735.35787.61 -7

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First Published: Tue, May 12 2020. 17:25 IST